SafeNet gets federal subpoena, SEC letter over stock options

GabrielMadway

SAN FRANCISCO (MarketWatch) -- SafeNet Inc.
sfnt
said late Thursday it has received a subpoena from the Office of the U.S. Attorney for the Southern District of New York related to the company's granting of stock options. SafeNet also said it has received a letter of informal inquiry from the Securities and Exchange Commission requesting information related to the company's stock-option grants and certain accounting policies and practices. The Baltimore-based information security company said it will cooperate fully with both requests.

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